By Jim Kahrs, President, Prosperity Plus Management Consulting – Production is what spells the difference between success and failure in any business, no matter how large or small. The key to increasing production throughout your business is to measure it via production statistics and then work to improve those statistics. The use of statistics is a vital tool of good management. They are completely objective, and they provide a fair assessment of an employee’s actual performance.
Production statistics are a valuable resource to help ensure productivity from your staff. The steps below will outline an action plan to measure and improve employee productivity using this type of data:
- Determine Measurements of Production That Lead to Success– For this step, you need to determine how success is measured. The key here is to make sure that an increase or decrease in production in each area can be linked to the performance of the individual.